PET - Plain English Taxonomy

Attribute: CS17516
Label: Claims (other than equity) on, or claims to the extent that they are guaranteed by, or secured against securities issued by, Authorised Deposit-taking Institutions and overseas banks
Concept Guidance:
This is the value, as at the relevant date, of claims (other than equity) on, or claims to the extent that they are guaranteed by, or secured against securities issued by, Authorised Deposit-taking Institutions and overseas banks.Authorised Deposit-taking Institutions (ADIs) have an authority under subsection 9(3) of the Banking Act 1959 to carry on banking business in Australia. ADIs include: (a) Australian-owned banks; (b) foreign subsidiary banks; (c) branches of foreign banks; (d) credit unions, credit societies and credit co-operatives; (e) building societies; (f) Specialist Credit Card Institutions (SCCIs); (g) providers of purchased payment facilities; and (h) other ADIs. Note: ADIs do not include merchant banks in Australia.An Overseas Bank represents a financial institution in another country (i.e. not Australia) that:(a) has the power to accept deposits in the regular course of business; (b) is supervised by the supervisor of banks or by state-based regulatory agencies; and (c) is subject to the same prudential requirements as banks (including capital adequacy). 
Form-Specifc Guidance:
Include all claims held in the banking book on, or claims to the extent that they are guaranteed by, or secured against securities issued by, specified entities under this category. All claims held in the trading book (e.g. securities issued by these entities) are to be treated in accordance with APS 116.

For items 3.3 to 3.4 Claims (other than equity) on ADIs & overseas banks, exclude investments in equity and other capital instruments of other ADIs or overseas banks (including their subsidiaries) that are not consolidated for capital adequacy purposes but are deducted from capital in accordance with APS 111.
Dimension Member Description
This dimension classifies assets according to the likelihood of their full economic benefits being realised.
The data reported relates to items that have not been classified as past due for more than 90 days, and/or as impaired, in accordance with prudential standards.Credit exposures have been past due for more than 90 days where the following criteria are met:(1) the reporting party judges that the fair value of associated security, discounted to allow for reasonable realisation costs, is sufficient to cover the full outstanding value of the asset; and(2) the facility is not subject to a regular repayment schedule and has remained continuously outside contractual or approved arrangements for a period of 90 days; or(3) the facility is subject to a regular repayment schedule and: (3a) at least 90 calendar days have elapsed since the due date of a contractual payment that has not been met in full; and (3b) the total amount outside contractual arrangements is equivalent to at least 90 days' worth of contractual payments.
This dimension categorises the reported data according to the measurement scenario under which the reported value was calculated.
The value reported is the current book value as determined in accordance with relevant prudential standards.The current book value represents the current outstanding amount of an on-balance sheet items including accrued interest or revaluations, and net of any specific provision or associated depreciation.
This dimension categorises investments of the entity according to the long-term and short-term credit rating grades of the counterparty as determined by various rating agencies.Long-term ratingsRating Grade1: Standard & Poor's AAA, AA+, AA, AA-; Moody's Aaa, Aa1, Aa2, Aa3; Fitch AAA, AA+, AA, AA-Rating Grade2: Standard & Poor's A+, A, A-; Moody's A1, A2, A3; Fitch  A+, A, A-Rating Grade3: Standard & Poor's BBB+, BBB, BBB-; Moody's Baa1,  Baa2, Baa3; Fitch BBB+, BBB, BBB-Rating Grade4: Standard & Poor's BB+, BB, BB-; Moody's Ba1, Ba2, Ba3; Fitch BB+, BB, BB-Rating Grade5: Standard & Poor's B+, B, B-; Moody's B1, B2, B3; Fitch B+, B, B-Rating Grade6: Standard & Poor's CCC+, CCC, CCC-, CC, C, D; Moody's Caa1,  Caa2, Caa3, Ca, C; Fitch CCC+, CCC, CCC-, CC, C, DShort-term ratingsRating Grade1: Standard & Poor's A-1; Moody's P-1; Fitch F-1Rating Grade2: Standard & Poor's A-2; Moody's P-2; Fitch F-2Rating Grade3: Standard & Poor's A-3; Moody's P-3; Fitch F-3Rating Grade4: Standard & Poor's Others; Moody's Others; Fitch Others;
This information relates to issue-specific short-term rated instruments and claims. Issue-specific short-term ratings reflect the characteristics of an individual instrument or claim, as opposed to the characteristics of the issuer, and are determined by external credit assessment institutions.
This dimension is used to segment reported information according to original term to maturity.
The reported information relates to items that have a term to maturity of greater than 3 months.